abrdn National Municipal Income Fund to Issue Monthly Dividend of $0.05 (NYSE:VFL)

abrdn National Municipal Income Fund (NYSE:VFL - Get Free Report) declared a monthly dividend on Friday, July 11th, Wall Street Journal reports. Stockholders of record on Thursday, July 24th will be paid a dividend of 0.05 per share on Thursday, July 31st. This represents a $0.60 annualized dividend and a dividend yield of 6.23%. The ex-dividend date of this dividend is Thursday, July 24th.

abrdn National Municipal Income Fund Price Performance

Shares of VFL stock traded down $0.10 on Friday, hitting $9.63. The stock had a trading volume of 52,203 shares, compared to its average volume of 35,600. The stock's 50 day moving average is $9.76 and its 200-day moving average is $10.05. abrdn National Municipal Income Fund has a 52-week low of $9.27 and a 52-week high of $11.43.

abrdn National Municipal Income Fund Company Profile

abrdn National Municipal Income Fund is a closed-ended fixed income mutual fund launched and managed by abrdn Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal obligations, the income from which is exempt from federal income taxes.